Examlex
Jill likes lobsters but she does not eat lobsters in every meal. How can utility theory explain this?
Unconscionable
In contract law, a contract that is grossly unfair or one-sided; one that “shocks the conscience of the court.”
Acceptance
In contract law, the act of agreeing to an offer, thereby creating a binding contract.
Quasi-contract
An obligation imposed by law in the absence of an agreement to prevent unjust enrichment.
Freedom of Contract
The principle that individuals have the liberty to freely enter into agreements and contracts without undue government interference.
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